16530 Riverwind Drive
About This Property
Jonathan's Landing sits approximately 1 mile from the Atlantic Ocean. There are miles of public beaches, some dog friendly and a nearby fishing pier. The West Palm Beach International Airport is about 20 minutes to the South. The fabulous Gardens Mall is a 5 minute drive and boasts Nordstroms, Saks, Macy's, Bloomingdale's, Gucci, Tiffany's and so much more. Optional club memberships include Fitness/House, Tennis, Sports and Full Golf. 3 prestigious golf courses, 2 by Fazio and one by Arthur Hills, 10 Har-Tru tennis courts and a state-of-the-art fitness center provide something for everyone. There are miles of bike/jogging paths and a recreation area with BBQ area and play equipment, even a Bocci court. A full service marina is on-site and there are several options for boat dockage/storage.
Just across the Intracoastal Waterway is the new "Harbourside" development offering a Wyndham hotel, boutiques, water view restaurants and dockage plus an outdoor stage. Just opened!. Across from that the new cinema complex will offer dining and drinks while you watch your favorite new film. Miles of boardwalk along the intracoastal and fabulous inlet restaurants looking at the historic Jupiter Lighthouse.
Flat screen TV's in bedrooms, den and living room are negotiable but not included.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2019 | Sold | ||
| Sold | |||
| Mar 13, 2019 | Listed by Illustrated Properties LLC (Jupiter) | $599,900 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
| Dec 30, 2014 | Sold | ||
| Sold | |||
| Nov 5, 2014 | Listed by Illustrated Properties LLC (Jupiter) | $569,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017